17.01.2020

Analytics by UKRSIBBANK: “Ukraine’s consumer price inflation rate”

UKRSIBBANK BNP Paribas Group constantly provides customers with quality information support in the form of a weekly analytical review, which includes macroeconomic forecasts and an assessment of the impact of political and significant corporate events in Ukraine on the economy and bond markets.

The key information of the analytical review of the experts of the Investment Business Group dated January 15, 2020 was the topic of consumer price growth in Ukraine:
“Ukraine’s consumer price inflation (CPI) rate continued to fall in Dec 2019: annualized growth reduced to 4.1% from 5.1% in November. Contrasting with market expectations, continued strengthening of local currency in reporting period kept prices for imported products down, and we still think a little more hryvnia appreciation is to come in 1H20. Having annual inflation falling short of its target, the central bank might deliver another heavy policy rate cut on Jan 30th”.

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